Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Blog

Corzine Settles CFTC’s MF Global Charges for $5 Million

Derivatives, Employment, Executive Compensation, Litigation The U.S. Commodity Futures Trading Commission has obtained a federal court Consent Order against Defendant Jon S. Corzine, former CEO of MF Global Inc., requiring him to pay a $5 million civil monetary penalty for his role in MF Global’s unlawful use of customer funds totaling nearly one billion dollars and for his failure to […] Read more →

by   |   January 5, 2017

SEC Publishes Regulation A+ Statistics

Crowdfunding, Public Companies and Securities The SEC has published a white paper describing the types of Regulation A+ offerings to date. Facts published include: As of October 31, 2016, prospective issuers have publicly... Read more →

by   |   December 31, 2016

10th Circuit Finds SEC Administrative Proceedings are Unconstitutional

Litigation The Appointments Clause of the US Constitution requires that “inferior officers” be appointed by the President, department heads or courts of law. SEC administrative law... Read more →

by   |   December 28, 2016

Delaware Court Addresses Fee-Shifting Bylaw

Litigation, M&A, Public Companies and Securities In 2015, Section 115 was added to the Delaware General Corporation Law, or DGCL providing that Delaware corporations may adopt bylaws requiring that internal corporate claims be... Read more →

by   |   December 28, 2016

ISS Provides Updated Compensation Plan and Executive Compensation FAQs

Employment, Executive Compensation, Public Companies and Securities ISS has updated its equity compensation plan FAQs. New and materially updated questions include: If a company grants performance-based awards, how will the shares be counted for... Read more →

by   |   December 19, 2016

Newest MNvest Crowdfunding Portal To Rely on Blockchain Technology

Blockchain Technology, Crowdfunding An equity and debt based crowdfunding portal built on Blockchain technology is set to begin offering crowd-sourced financing opportunities to non-accredited investors under... Read more →

by   |   December 16, 2016

SEC logo

Legislation Creating Small Business Advocacy within the SEC Heading to the President’s Desk

Broker-Dealer, Consumer Protection, Public Companies and Securities On December 10, the SEC Small Business Advocate Act was approved by the Senate, clearing the way for signature by the President. The measure, which creates an advocacy office for... Read more →

by   |   December 12, 2016

New Corp Fin CDIs Clarify QIB Status for Rule 144A Offerings

Public Companies and Securities The SEC’s Division of Corporation Finance staff released 35 new Compliance and Disclosure Interpretations (C&DIs) (available here) on December 8th. Among numerous... Read more →

by   |   December 9, 2016

SEC Finds Pre-IPO Transactions Were Unlawful Security-Based Swaps

Derivatives, Litigation, Public Companies and Securities The SEC announced that Equidate Inc. agreed to settle charges that it violated federal securities laws by failing to register security-based swaps that were offered and sold... Read more →

by   |   December 6, 2016